Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2023 · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 27
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,691 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1643 SHERIDAN AVE N MINNEAPOLIS MN 55411 | SHANE POLITTLE | RESIDENTIAL | $249,000 | 40 ft |
| 1635 SHERIDAN AVE N MINNEAPOLIS MN 55411 | DINERO PROPERTIES LLC | RESIDENTIAL | $195,500 | 40 ft |
| 1647 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MINNESTPOPOLIS VII LLC | RESIDENTIAL | $131,500 | 80 ft |
| 1631 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CITY/LAKES COMMUNITY LAND TR | — | $319,000 | 80 ft |
| 1651 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ANDREW ALAN FERRANDO | RESIDENTIAL | $258,700 | 120 ft |
| 1627 SHERIDAN AVE N MINNEAPOLIS MN 55411 | VERLINA J HILL | RESIDENTIAL | $171,000 | 120 ft |
| 1638 THOMAS AVE N MINNEAPOLIS MN 55411 | BILLIE C HARDEMAN ET AL | RESIDENTIAL | $164,400 | 141 ft |
| 1634 THOMAS AVE N MINNEAPOLIS MN 55411 | DUSTIN LEE OLSON | RESIDENTIAL | $156,600 | 147 ft |
| 1642 THOMAS AVE N MINNEAPOLIS MN 55411 | MAURA L TRAYLOR | RESIDENTIAL | $332,000 | 147 ft |
| 1655 SHERIDAN AVE N MINNEAPOLIS MN 55411 | VIATICUS PROPERTIES INC | RESIDENTIAL | $169,000 | 160 ft |
Most Recent Sale
Current Tax Year